Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7 Main Ave Lake Placid, FL 33852-2603

    • Retail space
    • 720 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US18-4867867
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • JP's Kitchen&Bath LLC / Kitchen Remodeler
    • Gina Bees Unique Boutique Inc. / Boutique
    • Lake Placid Glass & Mirror Inc / Auto Glass Shop
    • Most historic Mural in Lake Placid / Tourist Attraction

    Property Details for 7 Main Ave

    Year built
    1997
    Construction
    CONCRETE BLOCKS
    Lot size
    0.14 lot acres
    Property size
    720 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    P-36-36-29-130-0020-0020
    APU
    P36362913000200020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $415,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $430,000
      Mixed-Use
      $370,000
      Hospitality
      $440,000
      Educational
      $410,000
      Residential Income
      $495,000
      Energy
      $490,000
      Income-Based Land
      $445,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.367
    Latitude
    27.2975
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,814
    $30,000
    $155,655
    $185,655
    -
    $30,000
    $155,655
    $185,655

    Comparable in this City

    • Value Estimation
      $2,145,000
      10,050 SF

      108 Us 27th N

      RETAIL STORES (PERSONAL SERVICES) • 10,050 SF
      108 Us 27th N, Lake Placid, FL 33852-7931
      View Details
    • Value Estimation
      $590,000
      1,205 SF

      2108 Us 27th S

      RETAIL STORES (PERSONAL SERVICES) • 1,205 SF
      2108 Us 27th S, Lake Placid, FL 33852-8209
      View Details
    • Value Estimation
      $480,000
      4,934 SF

      269 Highlands Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,934 SF
      269 Highlands Blvd, Lake Placid, FL 33852-7323
      View Details
    • Value Estimation
      $355,000
      4,324 SF

      1001 Us 27th S

      RETAIL STORES (PERSONAL SERVICES) • 4,324 SF
      1001 Us 27th S, Lake Placid, FL 33852-9123
      View Details
    • Value Estimation by Request
      754 SF

      35 Henderson Rd

      RETAIL STORES (PERSONAL SERVICES) • 754 SF
      35 Henderson Rd, Lake Placid, FL 33852-5466
      View Details
    • Value Estimation by Request
      742 SF

      311 Interlake Blvd

      RETAIL STORES (PERSONAL SERVICES) • 742 SF
      311 Interlake Blvd, Lake Placid, FL 33852-6432
      View Details

    Similar Nearby for Sale

    • $875,000
      1.68 Acres

      Lake Placid Commercial Investment Opportunity

      Commercial building on 1.68 acres with high visibility.
      405 W Interlake Blvd, Lake Placid, FL 33852
      View Details
    • Contact for pricing
      3,500 SF

      Former Bank Branch with Drive-Thru

      3,500 SF former bank branch with drive-thru for sale.
      120 Us 27 S, Lake Placid, FL 33852
      View Details
    • $3,000,000
      16,851 SF

      Hwy 27 Retail Center Investment

      Prime Lake Placid Retail Space, High Traffic
      594 Us 27, Placid Lakes, FL 33852
      View Details
    • $799,900

      US 27 Retail Opportunity

      Retail buildings on US 27 with highway frontage.
      1130 Us 27, Lake Placid, FL 33852
      View Details
    • $399,000

      Lakefront Highway Frontage Business Opportunity

      Lakefront property with highway frontage, ideal for business and living.
      2200 Us 27 Hwy S, Lake Placid, FL 33852
      View Details
    • $1,300,000

      Lake Placid Mixed-Use Investment

      Turnkey Gas Station, Convenience Store & Restaurant
      0 Countty Rd 621, Lake Placid, FL 33852
      View Details

    Similar Nearby for Lease

    • $3,333 /Mo

      Retail Space on US Highway

      Renovated retail space with highway visibility and ample parking.
      490 Us 27 N, Lake Placid, FL 33852
      View Details
    • $30,000

      Lakefront Log Cabin Business Opportunity

      Unique live, work, and play opportunity on Lake Buck.
      2200 Us 27 S, Lake Placid, FL 33852
      View Details
    • $10 SF/Yr
      4,650 SF

      Lake Placid Office Space

      High-traffic US-27 location, flexible office space.
      708 Us-27, Lake Placid, FL 33852
      View Details
    • $96 SF/Yr
      16,989 SF

      Lykes Road Commercial Property

      16,989 SF Office/Warehouse, Prime Location
      7 Lykes Rd, Lake Placid, FL 33852
      View Details
    • $120 SF/Yr
      17,360 SF

      Lake Placid Warehouse For Lease

      17,360 SF Industrial Space, Great Location
      110 Interlake Blvd, Lake Placid, FL 33852
      View Details
    • $1,300 /Mo

      Updated Apartment in Lake Placid

      Recently updated 3-bedroom apartment in central Lake Placid.
      526 S Main St, Lake Placid, FL 33852
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Main Ave
    Lake Placid, FL 33852-2603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.